NagaCorp Ltd. (OTCMKTS:NGCRF – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 9,695 shares, a drop of 73.1% from the August 15th total of 36,058 shares. Based on an average daily volume of 3,583 shares, the days-to-cover ratio is presently 2.7 days.
NagaCorp Stock Performance
OTCMKTS:NGCRF traded down $0.06 during mid-day trading on Friday, hitting $0.40. 1,000 shares of the company traded hands, compared to its average volume of 30,647. The stock’s fifty day moving average price is $0.44 and its 200-day moving average price is $0.49. NagaCorp has a one year low of $0.40 and a one year high of $0.80.
About NagaCorp
NagaCorp Ltd is a Cayman Islands–incorporated company primarily engaged in the development, ownership and operation of integrated entertainment resorts in Cambodia. Its flagship property, NagaWorld, is located in the capital city of Phnom Penh and combines hotel accommodations, gaming facilities, dining venues and live entertainment under one roof. The resort caters to both mass-market and high-end clientele, offering a range of casino tables, electronic gaming machines and exclusive VIP gaming salons.
Beyond gaming, NagaWorld features multiple restaurants, retail outlets, conference and banquet spaces, as well as a theater that hosts cultural performances and international shows.
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